Envoy for cementing Pak-Tajik economic relations

LAHORE   -  Ambassador of Tajikistan Ismatullo Nasredin on Thursday called for measures to cement trade and economic relations between the two countries.

He was speaking at a meeting at the Lahore Chamber of Commerce & Industry. LCCI Vice President Tahir Manzoor Chaudhry, former LCCI Senior Vice President Amjad Ali Jawa, Haji Muhammad Asif Sehar and Mardan Ali Zaidi also spoke on the occasion.

The ambassador said that Pakistan and Tajikistan should enhance mutual economic relations and remove impediments in this regard. He said that bilateral trade between the two countries could be enhanced through exchange of trade delegations and holding of single country exhibitions.

LCCI Vice President said that Pakistan and Tajikistan share scores of cultural, religious and historical links. Both brotherly countries share common membership in many international bodies and organizations such as OIC, ECO, SCO and Heart of Asia-Istanbul Process (an initiative of Afghanistan and Turkey).

Fans from abroad may not be allowed at Tokyo Olympics He said that despite having immense potential of trade, the bilateral trade volume remained 8 million dollars in 2019 which stood at 13 million dollars in 2018. He said that the level of two way trade can be increased manifold by exploring diverse sectors of economy. He said that if the effective measures are taken, the bilateral trade volume can be enhanced to 500 million dollars. He added that Pakistan’s exports to Tajikistan consist of sugar, dairy products and pharmaceuticals etc. while the imports comprise cotton yarn only. The potential areas where Pakistan and Tajikistan can enhance trade and economic ties are hydro power generation, Halal meat, cement, pharmaceutical products, furniture, rice and LPG etc.

The Nation, 05 Mar, 2021

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